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City tightens rules on Lunar New Year

Phnom Penh municipal governor Khuong Sreng has announced strict measures for Lunar New Year celebrations from January 31 to February 3. ...

Mom Kunthear
https://www.phnompenhpost.com/national/city-tightens-rules-lunar-new-year

Nearly 4.6M tourists logged in Cambodia over Khmer New Year

Cambodia counted nearly 4.6 million domestic tourists over this year’s three-day public holiday for the Khmer New Year, including 4.5 million Cambodians and nearly 30,000 foreign residents – a number which officials have said is similar to that seen pre-pandemic.   ...

Hom Phanet
https://www.phnompenhpost.com/business/nearly-46m-tourists-logged-cambodia-over-khmer-new-year

CSX index up 7.25 per cent, $1.25 million in shares traded

Following a bruising first quarter, the Cambodia Securities Exchange (CSX) index has picked up over the last few days after Acleda Bank Plc’s (ABC’s) initial public offering (IPO).​ At Thursday’s close, the index ended 7.25 per cent higher at 793.59 points. Trading volume reached 280,791 ...

May Kunmakara
https://www.phnompenhpost.com/business/csx-index-725-cent-125-million-shares-traded

Old habits put crops at risk: study

A new academic report has urged farmers in the northwest of the Kingdom to change their planting ways if they want to mitigate the detrimental impacts of climate change on their crops. ...

Erin Handley
http://www.phnompenhpost.com/national/old-habits-put-crops-risk-study

Hun Many lauds contributions to ‘successful’ Angkor Sangkran

Hun Many, president of the Union of Youth Federations of Cambodia (UYFC), said the three-day Angkor Sangkran event ended successfully, and left smiles on the faces of Cambodians everywhere. ...

Samban Chandara
https://www.phnompenhpost.com/national/hun-many-lauds-contributions-successful-angkor-sangkran

Eight more schools to adopt NGS curriculum

A senior education official has announced plans to introduce the New Generation School (NGS) curriculum in eight additional public schools across Phnom Penh and various provinces thanks to a partnership with the East Asia Management University (EAMU). ...

Van Socheata
https://www.phnompenhpost.com/national/eight-more-schools-adopt-ngs-curriculum

Chinese FDI to flow in on Silk Road

Cambodia could see massive investments as a result of China’s latest pledge to funnel an enormous sum into developing infrastructure as part of its New Silk Road initiative, an analyst said yesterday. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/chinese-fdi-flow-silk-road

Nearly 1M domestic trips over Lunar New Year

Residents made nearly one million domestic trips from February 1-3 during the Lunar New Year holidays, indicating an increase of 6.15 per cent compared to the corresponding period in 2021. The capital was the most popular destination, accounting for about 30 per cent of this ...

Hin Pisei
https://www.phnompenhpost.com/business/nearly-1m-domestic-trips-over-lunar-new-year

New capital international airport to employ 20,000

Prime Minister Hun Sen confirmed yesterday that the current Phnom Penh International Airport will be used only for the head of state, heads of local governments and Cambodian senior leaders, as a military airbase, for domestic flights, private jets and for diplomatic officials and foreign ...

Sok Chan
https://www.khmertimeskh.com/50736826/new-capital-international-airport-to-employ-20000/

Smooth sailing for port’s IPO

Earlier this month Sihanoukville Autonomous Port (PAS) became the fifth listed firm on the Cambodian Securities Exchange (CSX) following an initial public offering that raised $27 million. The Post’s Brian Ng sat down with Shuzo Shikata, CEO of SBI Royal Securities (SBIR), the sole underwriter ...

Brian Ng
http://www.phnompenhpost.com/business/smooth-sailing-ports-ipo

Backlash on public order draft law

The Ministry of Interior’s new public order draft law which aims to strengthen peace and security by regulating public behaviour, including imposing a dress code, has drawn mixed reactions. ...

Srey Lux Sok
https://www.khmertimeskh.com/50751388/backlash-on-public-order-draft-law/

New Year’s Eve attracts 700,000 tourists nationwide

The Ministry of Tourism announced today that on New Year’s Eve there were 699,724 tourists throughout the country, with 697,066 being Cambodian nationals and 2,658 foreigners. ...

Sen David
https://www.khmertimeskh.com/50799894/new-years-eve-attracts-700000-tourists-nationwide/

Prime Minister announces three-day Khmer New Year holiday

Prime Minister Hun Sen has decided to allow three days off for this year’s Khmer New Year celebrations after last year’s holidays were cancelled over the pandemic. ...

Ben Sokhean
https://www.khmertimeskh.com/50828067/prime-minister-announces-three-day-khmer-new-year-holiday/

Seaport debuts on stock market

Shares in Sihanoukville Autonomous Port (PAS), the state-owned enterprise that operates Cambodia’s only deep-sea port, debuted on Cambodia’s stock exchange yesterday after an initial public offering that raised $27 million.​ ...

Brian Ng and Hor Kimsay
http://www.phnompenhpost.com/business/seaport-debuts-stock-market

PPSEZ’s rethink after sharp profit fall

Phnom Penh Special Economic Zone (PPSEZ) ‒ a listed company on the Cambodia Securities Exchange (CSX) ‒ reveled on Friday that by 2020, 50 percent of the company’s revenue would be generated by sales of services. This new target was made after PPSEZ informed the ...

Chea Vannak
http://www.khmertimeskh.com/news/29024/ppsez---s-rethink-after-sharp-profit-fall/

Minister’s appeal to listed companies

The opening of the Cambodia Securities Exchange (CSX) was marked by a speech from Minister of Finance Keat Chhon, who urged three state-owned companies to speed up their initial public offerings. No companies, state-owned or otherwise are currently trading on the new market. Telecom Cambodia, ...

http://www.phnompenhpost.com/index.php/Business/lets-get-the-ball-rolling.html

Greater riel use could boost foreign reserves

When Cambodia began accumulating foreign reserves in 1997 – after it switched from a centrally planned market to an open economy – the central bank deposited the $276 million it had saved at the Federal Reserve Bank of New York and allowed it to manage ...

Riel Gains
http://www.khmertimeskh.com/news/36512/greater-riel-use-could-boost-foreign-reserves/

Road safety banners installed on streets for New Year

More than 300 road safety education banners have been put up along the streets of every province for display during the Khmer New Year as a reminder of the dangers of careless driving. Asia Injury Prevention Foundation director Kim Pagna told The Post on Sunday ...

Soth Koemsoeun
https://www.phnompenhpost.com/national/road-safety-banners-installed-streets-new-year

ANZ may sell Asia bank stakes due to stringent capital rules

Australia and New Zealand Banking Group (ANZ.AX) would consider selling some of its stakes in Asian banks if Australia does not ease stringent capital requirements, chief executive Mike Smith said on Wednesday. The plan raises questions about how Australia’s smallest ‘Big Four’ bank will meet the ...

http://uk.reuters.com/article/2012/08/15/us-anz-asia-idUKBRE87E04L20120815

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